Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Metacomet who wrote (49522)	9/25/2007 4:27:29 PM
From: marcos	Read Replies (1) of 78409

epm.to - 'current gold hedge is 11% of gold resources' - well that is taking the wide view of the term 'resources', there are still under 2m proven and probable economic ounces ... not that i doubt much more is there, they have big explo upside and that's a good deal of what makes it attractive, still it's a bit hypey counting more in now ... if you take the 1.8m of Tom's post, divide by 443k, they're about 25% hedged - and under the current market too, this is not a great thing, good to hear they plan to work on it toot sweet Two cents a kilowatt-hour for hydro, that's cheap eh ... we pay six here in BC, and consider that pretty reasonable Those warrants sop up all the attention, no wonder the common lags ... yeah i've got them up the ying-yang, As and Bs equally now, plus i'm thinking of bringing up the epm.wt to the same level ... but man oh man, somebody someday has to bid up the common, for this project to get off the ground

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